Why is fuel expensive when crude oil hasn’t hit record highs?
5 September 2026
Pump prices could remain high in Europe, adding to inflationary pressure.
The immediate problem is not just the supply or price of crude oil, but limited refining capacity, disrupted trade flows and shortages of finished fuels, particularly diesel.
The immediate problem is not just the supply or price of crude oil, but limited refining capacity, disrupted trade flows and shortages of finished fuels, particularly diesel.